February 4th News — On February 3rd, the closing prices of methanol in the international market rose: the CFR Southeast Asia methanol market closed at $322.5–323.5 per ton. The FOB U.S. Gulf methanol market closed at 105.5–106.5 cents per gallon, up by 5 cents per gallon; the FOB Rotterdam methanol market in Europe closed at €297.5–298.5 per ton. Chempricehub's analysis of methanol, with a long-short rating of +1.5, indicates that methanol prices in the international markets of Southeast Asia, the U.S. Gulf, and Europe all increased. Notably, the U.S. Gulf market rose by 5 cents per gallon, reflecting strong international methanol demand or tightening supply. This will directly benefit domestic methanol spot prices, as rising import costs and increased export profits drive spot prices upward. Combined with the latest methanol futures data (e.g., the open interest of the main contract MA2605 reached 817,035 lots, indicating high price sensitivity), the upward signal from the international market may stimulate market sentiment and drive a rebound in futures prices, despite the general decline in the settlement prices of contracts on the day. The rating of +1.5 represents a strong positive signal, as the price increases are widespread and significant, providing support to the overall market.